Advantages Of Getting a Reverse Mortgage
Using your homes equity to help you get more out of the golden years is often a great idea.
Here are a few possible advantages of getting a reverse mortgage
- Receive additional income to help with regular living costs;
- Consolidate and pay other debts—e.g., refinance a normal mortgage that is still in place when retiring or pay credit cards;
- Buy A New Car!
- Home Improvements!
- Help your family or grandchildren
- Pay for a vacation